![](https://d.newsweek.com/en/full/2441150/2024-lexus-500.jpg)
2024 Lexus IS 500 Review: Understated Power
The compact sedan market is shrinking, but that hasn't stopped luxury automakers from continuing to pump them out. They used to be the entry into the brand; now that position is usually reserved for a small SUV. Lexus, Toyota's luxury arm …